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Why Buyers Pay $2M+ to Live in Downtown Princeton NJ

 

Why does Princeton’s Town Center command $2M+ home prices?

For many buyers, the answer is location. The neighborhood offers proximity to Nassau Street, Princeton High School, the middle school and Community Park Elementary, giving families the ability to walk to much of what they use every day.

That convenience shows up in the sales data. Over the last 18 months, 12 homes in the area sold above $2 million, with a median of $2.632 million and a high sale of $3.7 million.

In Princeton, luxury isn’t always about more square footage. Sometimes, it’s about being able to walk out your front door and already be in the middle of town.

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